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Market Intelligence:
AI
Payments
Research
Industry Data
  • Fintech
    KeyCorp buys fintech that helps borrowers manage student debt

    GradFin offers advisory services to Americans who want assistance with their student loans. The acquisition is part of the Cleveland bank’s strategy of adding niche digital businesses.

    By Allissa Kline
    Reporter
    May 9
    KeyBank
  • Politics and policy
    OCC joins in wider bank merger review: Hsu

    The acting comptroller rejected a moratorium on bank mergers, but reiterated concerns about the resolvability of large regional banks.

    Claire Williams, staff writer, American Banker
    By Claire Williams
    Reporter
    May 9
    FDIC And OCC Chiefs Testify Before Senate Banking Committee
  • Consumer banking
    U.S. Bancorp, community groups reach accord over MUFG Union Bank merger

    The Minneapolis company announced $100 billion in investments, including substantial spending in California, over the next five years. The agreement with groups that previously withheld their support removes a major hurdle in winning regulatory approval for the $8 billion deal.

    By Jon Prior
    Staff Writer
    May 9
    U.S. Bank Union Bank.jpg
  • Fintech
    TD Bank latest to offer embedded banking to business clients

    Increasing numbers of banks are now letting business customers do their banking within their existing accounting and workplace software.

    Penny Crosman Cropped
    By Penny Crosman
    Executive Editor, Technology at Arizent
    May 9
  • Payments
    How Goldman Sachs uses tech to ease supply-chain friction

    The bank is working with invoicing vendor IFG to simplify the process of paying multiple suppliers.

    By John Adams
    Executive Editor, Payments
    May 9
    GoldmanSachs5922
  • ABM0522_cover web asset
    The revolution will not be centralized
    Decentralized finance, or DeFi, could revolutionize the way money works, how it is controlled and how its power is distributed. But is DeFi the future or hype?
    Sponsored by IntraFi
  • Credit unions
    Higher interest, rising prices, fewer listings: A bad mix for mortgages

    Multiple factors have slowed residential sales, tightening the market for home loans for banks and credit unions.

    By Ken McCarthy and Jim Dobbs
    May 5
  • Industry News
    Fed bars ex-Synovus executive over alleged embezzlement

    Angela Garcia, who was accused of embezzling $69,000 from the Georgia bank, has been banned from the banking industry.

    By Jon Prior
    Staff Writer
    May 5
    Photo taken of front of Synovus regional office in Atlanta area.
  • Commercial banking
    Wells Fargo commits to interim targets ahead of net-zero emissions goal

    The San Francisco bank is following the lead of other U.S. megabanks by providing shorter-term targets ahead of 2050 climate pledges.

    Jordan Stutts Author Image
    By Jordan Stutts
    Reporter
    May 5
  • Small business banking
    Bank of America upgrades its digital offerings for business clients

    Over the past year, BofA has launched or enhanced a slew of technology-based features for business clients of all sizes, from a “start a business” microsite to cash-flow forecasting.

    By Miriam Cross
    Tech Reporter
    May 5
    Tom Durkin, global product head of CashPro in global transaction services at Bank of America
  • Politics and policy
    Lawmaker scrutiny of overdraft intensifies as industry urges caution

    Lenders argue that they're taking steps to eliminate or rein in the consumer fees, but several Democratic senators say reform legislation could be a necessary step in the near future.

    Brendan Pederson Author Image
    By Brendan Pedersen
    Reporter
    May 4
    House Speaker On Center Stage With White House's $4 Trillion Agenda At Risk
  • Industry News
    U.S. Bank 'uncertain' when deal for MUFG Union will get green light

    The Minneapolis company, which previously said it expected the $8 billion acquisition to close in the first half of 2022, has become less firm about that projection.

    By Jon Prior
    Staff Writer
    May 4
    U.S. Bank Union Bank.jpg
  • Fraud
    Fraud is down, but more expensive

    Although the number of scam attempts is falling, especially in financial services, costs are up, data shows.

    Carter Pape, American Banker
    By Carter Pape
    Technology Reporter
    May 4
    FTC Chief Says He's Willing To Break Up Big Tech Companies
  • Credit unions
    How bots help Teachers Federal Credit Union prep for nationwide growth

    The New York credit union is using robotic process automation tech from Blue Prism to handle time-consuming tasks related to data entry, collections and other needs. This frees up its employees to focus on the organization's expansion.

    By Robin Arnfield
    May 4
    Teachers Federal Credit Union
  • Industry News
    Big-bank CEOs warn of recession risk

    The chances of an economic slowdown are rising as the Federal Reserve is poised to take further steps to tame inflation, say the heads of JPMorgan Chase, Bank of America and Morgan Stanley.

    By Polo Rocha
    Staff Writer
    May 4
    JPMorgan Chase's Jamie Dimon, BofA's Brian Moynihan, Morgan Stanley's James Gorman
  • BankThink A call for collaboration in the fight against digital fraud

    Financial institutions need to begin sharing profiles of fraudsters posing as legitimate customers. The technology to do it securely is already available.

    May 4
    Greg Woolf
    Greg Woolf
    FiVerity
  • Digital banking
    Truist seeks to gamify savings with mobile app acquisition

    Long Game, which Truist acquired for an undisclosed sum, allows consumers to set savings goals and earn extra cash by playing casino-style lottery games.

    Jordan Stutts Author Image
    By Jordan Stutts
    Reporter
    May 3
  • Politics and policy
    Consumer Bankers Association names Lindsey Johnson its next leader

    Johnson, who currently heads a housing-finance industry group, will take over this summer from longtime president and CEO Richard Hunt.

    By Polo Rocha
    Staff Writer
    May 3
  • Fintech
    Nova Credit tech turns bank account data into credit assessments

    Genesis Financial will use Nova Credit’s bank account data analysis to approve credit to applicants with little or no credit bureau files.

    Penny Crosman Cropped
    By Penny Crosman
    Executive Editor, Technology at Arizent
    May 3
    Misha Esipov, CEO, Nova Credit
  • Industry News
    8 companies helping employees access abortion care

    With abortion rights in the U.S. in danger, employers are taking measures to extend support and access to healthcare.

    By Stephanie Schomer
    Editor-in-chief
    May 3
    Abortion.Bloomberg.5.20.19.jpg
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23RD ANNUAL THE MOST POWERFUL WOMEN IN BANKING

Meet The Most Powerful Women in Banking 2025, our annual ranking of the executives at the pinnacle of the industry.

ABM1025_Cover.jpg

Download the American Banker app

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